NOT LISTED FOR SALE

Estimated Value: $392,000 - $536,000

4 Beds
2 Baths
1,700 Sq Ft
$260/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $190,000 $112 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,780/month

158 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of November 2012

Duplex for sale. Each side is 2 bed/ 1 and 1/2 baths, full basement and private one-car garage for each side. Washer dryer hook-ups in basement- tenant provides their own washer/dryer. Landlord pays water bill at $167 per quarter. See agent-to-agent remarks for seller updates to the building and rental information. 24 hr notice to show for tenants- both sides currently rented. Positive cash flow- perfect for investor or owner/occupant.

Last Agent to Sell the Property

Regina Acosta Tobin

RE/MAX Partners Listed on: 05/17/2012

Last Buyer's Agent

Juanita Furuta

RE/MAX Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,787

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-003812

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $932
  • Maintenance Expense $2,638
  • Water Sewer Expense $667
  • Operating Expense $8,024
  • Gross Income $17,670
  • Net Operating Income $9,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,787

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2010
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 17670.0
  • Co List Office Phone: 614-224-4900
  • MLS Status: Closed
  • Subdivision Name: Merion Village
  • Location Property Info List PriceSqFt: 123.53
  • Auction Info Deposit Required: 800.0
  • Income Expenses Gross Income: 17670.0
  • Annual Expenses: 8024.35
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1700.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features 2 Car Garage2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 667.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-003812
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 932.35
  • Maintenance Expense: 2638.0
  • Net Operating Income: 9645.65
  • Annual Operating Expense: 8024.35

Tax Info

  • Tax Annual Amount: 3787.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Oct 30, 2012
Sold by
Deyoung Properties Llc
Bought by
Rittenour Eric W
Seller's Agent
Regina Acosta Tobin
RE/MAX Partners
Buyer's Agent
Juanita Furuta
RE/MAX Town Center
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%
Current Estimated Value
$442,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,458
Avg. Annual Appreciation
6.69%
Original Mortgage
$186,558
Outstanding Balance
$128,058
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$314,400

Purchase Details

Closed on
Aug 25, 2006
Sold by
Deyoung Dennis and Deyoung Kathleen
Bought by
Deyoung Properties Llc

Purchase Details

Closed on
Sep 6, 2002
Sold by
Gates Dennis M and Meyer Gates Carol
Bought by
Deyoung Dennis and Deyoung Kathleen

Purchase Details

Closed on
May 9, 2002
Sold by
Carpenter Kim H and Carpenter Deborah A
Bought by
Gates Dennis M and Meyer Gates Carol

Purchase Details

Closed on
Jul 31, 1998
Sold by
Showalter John M
Bought by
Carpenter Kim H

Purchase Details

Closed on
Feb 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rittenour Eric W $190,000 Amerititle
Deyoung Properties Llc -- None Available
Deyoung Dennis $173,000 Amerititle Agency Inc
Gates Dennis M $118,500 Lawyers Title
Carpenter Kim H $68,000 Chicago Title West
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rittenour Eric W $186,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2012 11/02/12 Sold $190,000 -13.6% $112 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $220,000 -- $129 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,405 $119,180 $46,590 $72,590
2023 $5,337 $119,175 $46,585 $72,590
2022 $5,248 $99,960 $43,750 $56,210
2021 $5,258 $99,960 $43,750 $56,210
2020 $5,265 $99,960 $43,750 $56,210
2019 $4,914 $80,010 $43,750 $36,260
2018 $4,577 $80,010 $43,750 $36,260
2017 $4,793 $80,010 $43,750 $36,260
2016 $4,673 $69,650 $24,010 $45,640
2015 $4,248 $69,650 $24,010 $45,640
2014 $4,259 $69,650 $24,010 $45,640
2013 $1,909 $63,280 $21,805 $41,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212016891

Columbus and Central Ohio Regional MLS

APN: 010-003812